Dividend

BAE SYSTEMS PLC
1 May 2002

HALF YEAR INTEREST
SECURITY TITLE
*7.75p(net) Cum Cnv Red Prf Shs
MNEMONIC CODE        *BA.A
SEDOL CODE           *127-169
DIVIDEND AMOUNT      *3.875p
PROVISIONAL EX DATE  *05-06-02
RECORD DATE          *07-06-02
PAYMENT DATE         *01-07-02
NOTES *





                      This information is provided by RNS
            The company news service from the London Stock Exchange

DVDSSFFWFSESELI